NEWTON, Mass.--(BUSINESS WIRE)--Hayes Management Consulting, a leading healthcare consulting firm, commemorates 20 years in business today with an new look for its website, www.hayesmanagement.com. Founded in 1993 by Paul J. Hayes, Hayes is a full-service strategic and advisory partner to healthcare organizations across the country.
“There are a few things that have not changed since we started 20 years ago,” says Peter Butler, Hayes’ President and CEO, “These include our passion for healthcare transformation, our commitment to employees and our commitment to our clients. I am glad to say we have been able to maintain our unique culture throughout our growth.”
The firm has been deeply involved in a number of clinical and revenue cycle optimization projects. In one revenue cycle engagement, Hayes advised and provided operational assistance, including redesigning workflows to coincide with the implementation of new billing software. The result was a net savings of $250,000 in staffing and other overhead costs annually, and a 12% increase in productivity.
On the clinical side, a client implemented a well-known EMR only to witness a drop in patient volume, which negatively affected revenue. Physicians were spending hours outside of clinic time documenting patient visits. Hayes identified more than 70 build and training opportunities as well as multiple clinical workflow improvement opportunities.
Hayes’ billing compliance software, MDaudit, recently helped a hospital client analyze its billing data and quickly identify which areas were most at risk. They implemented several corrective actions to minimize their exposure, and have developed a program that demonstrates a high degree of compliance with OIG’s guidance principles.
“As the healthcare industry changes, our clients are asking for help in reducing expenses, finding revenue opportunities, protecting revenue and becoming operationally efficient,” says Butler. “Hayes is positioned to make these changes for our clients nationwide, keeping up our 20-year tradition of making a positive change in healthcare.”
Hayes boasts multiple KLAS awards, including a four-year streak of Top Professional Services Firm (2007 – 2010).* Hayes is also ranked 9th in Modern Healthcare’s Top 100 Best Places to Work in Healthcare, and is listed in Healthcare Informatics’ Top 10 List and INC 5000’s list of fastest growing companies.
For more information about Hayes, visit their new website at www.hayesmanagement.com.
Hayes Management Consulting is a leading, national healthcare consulting firm focused on healthcare operations. This includes strategic planning, interim leadership, revenue cycle optimization, clinical optimization, project management, IT consulting, and preparation for federal initiatives such as ICD-10, Meaningful Use, and HIPAA compliance. We also provide software such as MDaudit and other proprietary tools to ensure our clients are operationally efficient.
*Source: www.klasresearch.com